Rupert Pennant-Rea
Encyclopedia
Rupert Lascelles Pennant-Rea (born 23 January 1948) is a British businessman, journalist, and former Deputy Governor of the Bank of England
. The son of Peter and Pauline Pennant-Rea, he was educated at the Peterhouse School, an Anglican church boarding school near Marandellas, Rhodesia
(now Marondera
, Zimbabwe
), before attending Trinity College, Dublin
and Manchester University, where he received his M.A.
He joined the Bank of England in 1973 and remained until 1977, when he left to work for The Economist
magazine. He was the magazine's editor from 1986 until 1993. Between 1993-95, he again joined the Bank of England as Deputy Governor of the bank, under the governorship of Edward George
.
Pennant-Rea has been chairman of the British Stationery Office
since its privatisation in 1996. In 1994 he became a member of the influential Washington-based financial advisory body, the Group of Thirty
. He was also a British American Tobacco
director.
Pennant-Rea was appointed as non-executive chairman in July 2009 of The Economist Group, having served as a non-executive director since August 2006. He is presently Chairman of Henderson Group
, and a non-executive director of Go-Ahead Group
, Gold Fields and Times Newspapers.
Pennant-Rea is also chair of the board of trustees for the UK's largest youth drama festival, the Shakespeare Schools Festival
.
He has also written a series of books about Economics and a novel, Gold Foil.
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...
. The son of Peter and Pauline Pennant-Rea, he was educated at the Peterhouse School, an Anglican church boarding school near Marandellas, Rhodesia
Rhodesia
Rhodesia , officially the Republic of Rhodesia from 1970, was an unrecognised state located in southern Africa that existed between 1965 and 1979 following its Unilateral Declaration of Independence from the United Kingdom on 11 November 1965...
(now Marondera
Marondera
Marondera is a town in Mashonaland East, Zimbabwe, located about 72 km east of Harare; population 39,384...
, Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
), before attending Trinity College, Dublin
Trinity College, Dublin
Trinity College, Dublin , formally known as the College of the Holy and Undivided Trinity of Queen Elizabeth near Dublin, was founded in 1592 by letters patent from Queen Elizabeth I as the "mother of a university", Extracts from Letters Patent of Elizabeth I, 1592: "...we...found and...
and Manchester University, where he received his M.A.
He joined the Bank of England in 1973 and remained until 1977, when he left to work for The Economist
The Economist
The Economist is an English-language weekly news and international affairs publication owned by The Economist Newspaper Ltd. and edited in offices in the City of Westminster, London, England. Continuous publication began under founder James Wilson in September 1843...
magazine. He was the magazine's editor from 1986 until 1993. Between 1993-95, he again joined the Bank of England as Deputy Governor of the bank, under the governorship of Edward George
Edward George, Baron George
Edward Alan John George, Baron George, GBE, PC, DL , known as Eddie George, or "Steady Eddie", was Governor of the Bank of England from 1993 to 2003 and sat on the board of Rothschild.-Personal life:...
.
Pennant-Rea has been chairman of the British Stationery Office
Stationery Office
See:* Office of Public Sector Information, an administrative office in the government of the United Kingdom* The Stationery Office, a publishing company...
since its privatisation in 1996. In 1994 he became a member of the influential Washington-based financial advisory body, the Group of Thirty
Group of Thirty
The Group of Thirty, often abbreviated to G30, is an international body of leading financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sectors related to these issues...
. He was also a British American Tobacco
British American Tobacco
British American Tobacco p.l.c. is a global tobacco company headquartered in London, United Kingdom. It is the world’s second largest quoted tobacco company by global market share , with a leading position in more than 50 countries and a presence in more than 180 countries...
director.
Pennant-Rea was appointed as non-executive chairman in July 2009 of The Economist Group, having served as a non-executive director since August 2006. He is presently Chairman of Henderson Group
Henderson Group
Henderson Group plc is a global investment management company with its principal place of business in the City of London. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is also listed on the Australian Securities Exchange as a member of the ASX200 index...
, and a non-executive director of Go-Ahead Group
Go-Ahead Group
The Go-Ahead Group plc is a rail and bus operating company that was created following the privatisation of the UK's train and bus industries. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.-Early history:...
, Gold Fields and Times Newspapers.
Pennant-Rea is also chair of the board of trustees for the UK's largest youth drama festival, the Shakespeare Schools Festival
Shakespeare Schools Festival
The Shakespeare Schools Festival charity is the UK’s largest youth drama festival, enabling four schools a night to perform a half hour abridged versions of Shakespeare's plays in local, professional theatres all over the United Kingdom...
.
He has also written a series of books about Economics and a novel, Gold Foil.